Grexit is still not under most fund managers’ consideration
Jun 16, 2015 14:09 pm UTC| Insights & Views
According to survey by Bank of America Meryl Lynch (BAML) most of the fund managers are not under impression that Greece might have to leave Euro zone. The survey which takes into account more than 200 fund managers,...
US stocks at risk of earnings decline
Jun 16, 2015 13:35 pm UTC| Insights & Views
With US Federal Reserve looking to hike rates, investors and companies have postponed their investments unsure of what a first rate hike might bring. So it is likely that US earnings might suffer in the second quarter...
FxWirePro: Speculate EUR/GBP with futures, hedge with put spreads
Jun 16, 2015 13:26 pm UTC| Insights & Views
Germans ZEW sentiment index negative numbers today have set the tone sending yields lower, unless a Greek solution presents itself.ZEW index disappointed the streets by flashing at 31.5 which is a way below forecasts at...
Gold investment demand might have bottomed, ETF demand hasn’t
Jun 16, 2015 12:44 pm UTC| Insights & Views
First quarter report from World Gold Council (WGC) after many quarters of outflow money flew back into Gold investment assets. However, only 9.2% of all the gold investment demand in first quarter of 2015. Outflow from...
Europe needs policies to battle unemployment more than deflation
Jun 16, 2015 12:04 pm UTC| Insights & Views
With European Central Bank (ECB) providing the necessary support, European Government and European investment banks should deploy policies, which would bring back Europeans back into jobs. Inflation through monetary...
FxWirePro: AUD/USD straddle likely to fetch assured gains around 200 pips
Jun 16, 2015 12:02 pm UTC| Insights & Views
FX option strategy: Long Straddles (AUD/USD)With a view of non-directional trend is anticipated in medium term backed by RBAs lackluster comments on exchange rate, we recommend this currency option strategy.Buy 30D...
Aussie dollar edgy on RBA’s lackluster comments
Jun 16, 2015 11:58 am UTC| Insights & Views
The RBA seems to be slightly constructive on trades with China; the rhetoric on the exchange rate if Aussie dollar was similar, with emphasis that it needs to be lower for a "sustained period".There was further discussion...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects